Wilder considered RSI readings over 70 as overbought and values below 30 as oversold. But these levels can be adjusted to suit specific market conditions. For instance, 80 can be used as the overbought line in a strong uptrend and 20 as the oversold line during a strong downtrend.
PT. Mentari Mulia Berjangka | Broker FOREX Terbaik« Back to Glossary Index